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Topic: Can Bill Gates or Zuckerberg buy Bitcoin - page 3. (Read 4406 times)

sr. member
Activity: 504
Merit: 260
i think posible wahtever anything posible buy bitcoin

but if want about crypto coin i think bill gates or zukenberg can create new crypto coin
newbie
Activity: 4
Merit: 0
They cannot because if they try buying large amounts at the current price, they will end up increasing the price, thus the marketcap making it impossible for them to buy all the coins.
member
Activity: 81
Merit: 10
:)
Bill Gates Grin
full member
Activity: 210
Merit: 100
Bitcoin has a Market Cap of 19 billion so that means all bitcoin in circulation at that moment are worth 19 billion??

Bill Gates has a fortune of what 60 billion and zuckerberg approximatly 40 billion, i know they dont just have that mney laying around but assume zuckerberg would sell of all of his facebook shares and buys off as many bitcoins as he can for his money (40 billion) could he just buy all of them.

of course he wouldnt just buy them all at once and he for sure wouldnt sell all his facebook shares all at once but we assume he switches his facebook shares over a period of a few years all in crypto

could he just buy all of them??

He can only buy coins from people willing to sell them (he's not getting mine). Besides, once somebody tries to do this the market would either crash or skyrocket. Last, I'm not sure exactly what somebody would gain by owning all Bitcoins.
hero member
Activity: 1834
Merit: 523
If Bill Gates and Zuckerberg buy bitcoin for sure the bitcoin price will pump very high because this two people are billionaire like Bill Gates the #1 richest in the world if decide to invest bitcoin I think millions of dollars so the price increase. But I don't think this people are spent time with this kind of online business because they have their own business in online.
hero member
Activity: 1722
Merit: 528
They are two of the people who are the richest people in the world, especially Bill Gates. Though these two, Mark Zuckerburg and Bill Gates will never be buying bitcoin unless they want to or they piqued their interest in this digital currency. They are billionaires and dont need to be affiliated with other currencies online.
member
Activity: 83
Merit: 10
Any acquisition must make sense. Why do they need bitcoin? It is not their issue. Though of course if Microsoft sold the software only for bitcoins it could give a large increase in the prevalence of bitcoin.
newbie
Activity: 2
Merit: 0
If they wanted to they could buy lots of bitcoin, as someone else pointed out though this would increase the demand the more they bought, also increasing the price to such a point were bitcoins would be so expensive that there would be no point for them to buy any more and would mostly likely just cashout.
newbie
Activity: 48
Merit: 0
They are wealthy people and can afford to buy everything except immortality. Bitcoin can only take for the sake of entertainment.
sr. member
Activity: 994
Merit: 257
February 28, 2017, 12:47:07 AM
#17
Bitcoin has a Market Cap of 19 billion so that means all bitcoin in circulation at that moment are worth 19 billion??

Bill Gates has a fortune of what 60 billion and zuckerberg approximatly 40 billion, i know they dont just have that mney laying around but assume zuckerberg would sell of all of his facebook shares and buys off as many bitcoins as he can for his money (40 billion) could he just buy all of them.

of course he wouldnt just buy them all at once and he for sure wouldnt sell all his facebook shares all at once but we assume he switches his facebook shares over a period of a few years all in crypto

could he just buy all of them??

No, any major sale of facebook shares will lower the price of the shares and with it its fortune, any attempt to buy many bitcoin will push the price up, they will be able to buy many coins if that is what they want but they will not be able to buy them all, besides why they will want to own all the bitcoins since at that point bitcoin will be useless because no one will be able to make transactions or to trade with bitcoin.
legendary
Activity: 3990
Merit: 1385
February 27, 2017, 11:58:53 PM
#16
Think about what would happen if Gates offered half his fortune to the devs, to entirely leave Bitcoin, and let him take the reigns of development. Gates and his crew can easily program Bitcoin a different way. And if they leave it open source, and people find out that the core programming has been turned against them, what will happen to the price of Bitcoin then?

Actually, it wouldn't surprise me at all if Gates hadn't already built a core to his own specs, and was simply waiting for the opportunity to use it. Maybe he has found a path into the blockchain already, and is corrupting it in tiny ways.

Cool
sr. member
Activity: 476
Merit: 250
Bawga
February 27, 2017, 02:57:11 PM
#15
Trust me. They don't want to waste time in this shit.  Cool
sr. member
Activity: 448
Merit: 250
Americans do it better
February 25, 2017, 06:37:20 AM
#14
If they want they can buy all the Bitcoins they want. Their capital allows them to do this thing. Bill Gates is an old man now so I am excluding it from the interest in Bitcoin while Mark Zuckenberg is relatively young and he may have future interest in bitcoin.
full member
Activity: 266
Merit: 100
February 25, 2017, 12:49:25 AM
#13
They would not totally invest all of it in bitcoins .they would go for more and more profitable business investing , and investing all in bitcoins would be foolishness.
hero member
Activity: 784
Merit: 511
February 24, 2017, 11:02:38 AM
#12
Bill Gates is Already No 1 Rich of world I think why he invest and earn money from sites
Because the rich are never happy with what they have, they always want more and if there's money to be made then they will be on it like a fat kid on a cupcake.

Yes that's right. Most of those are never satisfied and looks for ways to make even more money.

Why buy Bitcoin when they could put their name and fiances toward their own projects that could blow bigger than Bitcoin ever could.

It was just a theoretical question.
sr. member
Activity: 252
Merit: 250
February 24, 2017, 10:21:56 AM
#11
Why buy Bitcoin when they could put their name and fiances toward their own projects that could blow bigger than Bitcoin ever could.
sr. member
Activity: 574
Merit: 265
February 24, 2017, 10:19:40 AM
#10
I do not think, they already have a lot of money.
Maybe for fun  Cheesy
legendary
Activity: 1638
Merit: 1010
https://www.bitcoin.com/
February 24, 2017, 04:16:59 AM
#9
Bill Gates is Already No 1 Rich of world I think why he invest and earn money from sites
Because the rich are never happy with what they have, they always want more and if there's money to be made then they will be on it like a fat kid on a cupcake.
newbie
Activity: 19
Merit: 0
February 24, 2017, 04:07:17 AM
#8
Bill Gates is Already No 1 Rich of world I think why he invest and earn money from sites
newbie
Activity: 10
Merit: 0
February 24, 2017, 02:05:47 AM
#7
I think they can but they have already rich so they won't have to hold some Bitcoin
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